Tag: credit card
UK Gambling Commission Mulls Credit Card Ban
The Gambling Commission is considering a credit card ban for online betting. The regulator’s report into how to make online gambling safer said consumers “should not gamble with money that they do not have”. Betting operators have suggested credit cards are used for between 10% and 20% of deposits online. Before taking action the regulator will explore whether a ban would instead force people to use “payday” loans. Other proposed changes include improving age verification processes, banning operators from providing “free-to-play” games to children and tackling “unacceptable marketing and advertising”. The latest suggestions come after a consultation by the Department…
Most credit card charges not accepted for New Jersey online gaming
Charlotte Observer – Since New Jersey began Internet gambling in November, it has been difficult to use a credit card to fund an online betting account. New statistics from a company that routes those payments show just how hard it has been. CAMS LLC told The Associated Press on Tuesday that credit cards are being accepted from New Jersey gamblers between 42 and 46 percent of the time. It receives online payments from the Borgata Hotel Casino & Spa, which has the largest share of the state’s online market, as well as from the Trump Taj Mahal Casino Resort and…